shpg22Crazy11223 Lpi going up is slow, Vizione is up fr 0.08 until 0.18, eventhough Buy Lpi can millionaire, but almost 80yrs old old man, heaven is waitng for u...Good luck Shpg22, Lpi take almost 30years to get double profit..... 15/01/2018 10:58
Crazy11223 how r u doing ?? Those swap to Vizione had suffer a 37% paper lose as of today while those hold on to LPI will gain 6%. Net difference of 43%.
22/05/2018 23:40
Undilah_DAPPush to celebrate Tan Sri Teh retirement soon?
shpg22LPI stock price is more affected by its dividend payout than its NP. FY18 Q2 proposed payout of 26.0 cents compare to Q2 last year of 27.0 cents (Adjusted for Bonus Issue 1:5 at 22.5 cents) is actually an increase of 15.6% YoY. MAINTAIN BUY at fair price of 17.50 @ DY of 4.0% & combined ratio at a healthy 68.7%
10/07/2018 01:00
OutliarVery good buy call, fair price 17.50 with current price of 17, margin of safety of 0.03%
10/07/2018 01:07
shpg22Its 3% not 0.03%. LPI has outperformed 99% of all the stocks listed in Bursa over the decade. 3% margin of safety is sufficient for such a track record.
Nicole ChowLuckily didnt come out today. Friday normally dont have good news.
18/01/2019 21:03
VivoPrinceNot wanting to sound pessimistic but am only expecting a so-so piece of financial results considering the current challenging operating conditions ... hopefully, the dividend rate can be maintained like last year's.
21/01/2019 08:25
LouiseSThe EPS is on decreasing trend, in last 5 years decreased by around 14.7%, the PE ratio is quite high, around 20, the ROE is 15%, dividend yield is 3.88%
Nicole Chow2016 got one off gain. Exclude that one off gain, 2016 result drop. 2017 result return to normal 2018 3Q accumulated flat. Result good or x depend on Q4.
27/01/2019 16:48
shpg22Good result. FY18 dividend payout totaled at 68.0 cents, up 13% compared to FY17. That translated to 4.1% DY at current price of 16.38. Buy at target price of 17.00. You only need to own 1 company share that is LPI. 99% of other company on BURSA will make you poorer for sure.
3iiiLonpac’s net earned premium income for the financial year under review registered a stronger 9.5% growth to RM930.8 million from RM850.2 million, arising partly from its higher retention ratio of 68.4% as compared to 61.0% reported previously.
However, the claims incurred ratio for the year under review had increased to 40.9% from 38.5% mainly due to deteriorating claims trends observed in both motor and medical portfolios.
Underwriting of these two classes of insurance have been constantly reviewed to ensure favourable performance.
With commission for the year at a higher 6.3% and management expenses ratio maintained at 20.1%, Lonpac’s combined ratio increased to 67.3% from 64.0%, resulting in a slightly lower underwriting profit of RM303.5 million, a 0.8% reduction from RM305.8 million achieved in 2017.
However, Lonpac reported a pre-tax profit of RM374.1 million in financial year 2018, a marginal improvement from RM372.2 million registered in 2017. ”
29/01/2019 17:50
3iiiFire insurance remains the core portfolio of business contributing 42.4% of its total written premium.
During the year, both motor and medical insurance portfolio had also reported strong growth whereas engineering insurance suffered a decline in written premium, affected by the slowdown in the number of project risks and termination of government infrastructure projects.
29/01/2019 17:58
3iii“For the 12 months period ended 31 December 2018, LPI registered an increase in its revenue by 2.9% to RM1,513.7 million from RM1,470.6 million recorded in previous corresponding period.
Its profit before tax increased marginally from RM403.7 million previously to RM406.0 million while net profit attributable to shareholders stood at RM314.0 million, a 0.1% increase from previous year of RM313.8 million.
Earnings per share of LPI for the year recorded 78.83 sen and net return on equity registered lower at 14.6% from 16.3% previously.
29/01/2019 18:00
newbie8080Quite pricey at current PE=20. Any comment?
shpg22LPI as Malaysia's Berkshire Hathaway should deserve a premium price. There aren't much quality company like LPI in Bursa. As I said before, you only need to own LPI in Bursa, the rest (99%) of other companies are listed to make investor poorer.
29/01/2019 21:09
shpg22Despite this facts, 99% of retail investor would rather buy stock other than LPI.
30/01/2019 09:54
pputehCan some sifu make a comparison between Aeon Credit and LPI. Much obliged and thanks
Aeon credit is non bank financial institution offering small loans and credit card to consumers. LPI is a insurance company.
30/01/2019 10:48
shpg22BRK use GEICO (insurance company)'s float to invest in other companies. Similarly LPI, mostly on PBBANK. Anyway I m referring to its stock performance vs BRK.
Refer to Bursa Malaysia website for announcement. The company normally announcement it 1 month before the AGM date and usually notice issued by end of February.
14/02/2019 09:56
Nicole Chowaiya...i now have to apply for leave d if want attend for march...my last date for march leave application is this week. seems dont have chance to attend again this year ...
